Newcastle Partners

Newcastle Partners as of Dec. 31, 2010

Portfolio Holdings for Newcastle Partners

Newcastle Partners holds 30 positions in its portfolio as reported in the December 2010 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Hallmark Financial Services 37.9 $72M 7.9M 9.10
American Safety Ins Hldgs Lt ord 5.5 $11M 491k 21.39
MedQuist (MEDQ) 5.3 $10M 1.2M 8.66
Acxiom Corporation 4.4 $8.4M 486k 17.28
Liberty Media 4.1 $7.8M 496k 15.74
M & F Worldwide (MFW) 4.0 $7.6M 322k 23.47
Microsoft Corporation (MSFT) 3.7 $7.0M 634k 11.00
ARGO GROUP INTERNATIONAL Holdi Com Stk 3.6 $6.8M 182k 37.55
CVS Caremark Corporation (CVS) 3.4 $6.4M 185k 34.85
Berkshire Hathaway (BRK.B) 2.7 $5.1M 65k 79.71
GameStop (GME) 2.6 $5.0M 218k 22.90
Pizza Inn (PZZI) 2.5 $4.8M 2.5M 1.90
Belo 2.5 $4.6M 653k 7.08
Microsoft Corporation (MSFT) 2.1 $4.0M 145k 27.86
Via 2.1 $3.9M 100k 39.55
CVS Caremark Corporation (CVS) 1.8 $3.4M 200k 17.20
Wal-Mart Stores (WMT) 1.4 $2.7M 50k 54.08
Unum (UNM) 1.4 $2.7M 112k 24.21
Cenveo 1.4 $2.6M 494k 5.34
Johnson & Johnson (JNJ) 1.3 $2.5M 40k 61.94
Baxter Intl 1.1 $2.1M 100k 20.50
CKX 0.9 $1.7M 411k 4.02
A. H. Belo Corporation 0.8 $1.6M 183k 8.65
NutriSystem 0.8 $1.5M 72k 21.03
Gilat Satellite Networks (GILT) 0.7 $1.3M 264k 4.97
Johnson & Johnson (JNJ) 0.5 $944k 90k 10.51
Flagstone Reinsurance Hldgs 0.5 $928k 74k 12.60
Multimedia Games 0.4 $672k 121k 5.58
Playboy Enterprises (PLA) 0.3 $653k 125k 5.22
Crawford & Company (CRD.A) 0.1 $134k 55k 2.44